TRUSTEE FORECLOSURE
ABSOLUTE AUCTION
AUCTION: July 28th at 10:00 a.m. on site
Previews: July 20 and July 27 - 3:00 p.m. to 5:00 p.m.
500 Splashdam Road, Haysi, Virginia
Multi-Use Facility - CHURCH ~ DAYCARE ~ BUSINESS ~ OFFICES~ WORKSHOP
4,076 sf
Commercial Building
Lot Size: .50 + ac.
Public Utilities - Private Parking
Central HVAC
550’ +/- Road and Creek Frontage
TAX ASSESSED VALUE: $136,500.00
Basic Terms and Conditions:
1. REGISTRATION: Bids accepted only from registered bidders. Bring driver's license for identification. A Cashier's Check in the amount of 10% of the bid.
2. DEPOSIT: Each successful bidder will sign a Contract immediately following the falling of the hammer, and the Cashier's Check in the amount of 10% of the bid price will be held by the Substitute Trustee and will be applied to the purchase price at closing. Non-Refundable Deposit amounts are as follows:
3. CLOSING: Closing is to take place within 30 days of sale - Time will be of the Essence.
4. DEED: Property to be conveyed by General Warranty Deed. The Seller retains the right to cancel sale or reject all bids at any time prior to the hammer falling on the final bid.
5. "AS-IS", "WHERE-IS": All properties, will be sold "AS-IS", "WHERE-IS". Potential Buyers must perform such independent investigations with respect to property as they deem necessary to verify information provided by Auction Company or Seller.
6. ANNOUNCEMENTS: Announcements made on the day of sale take precedence over all prior releases, both verbal and written, concerning this sale or properties.
7. WARRANTY: All information provided by Auction Company and Seller is deemed reliable but is not warranted. The information contained in this brochure and any advertisements by Auction Company or Seller are subject to verification by all parties relying on it. No liability for its accuracy, error or omission is assumed by the Auction Company and Seller.
8. REPRESENTATION: Auction Company and its representatives represent the Seller.
9. BUYER'S PREMIUM: There is a 5% Buyer's Premium in effect on day of sale. The Buyer's Premium is added to the high bid amount, to determine the Contract Sales Price.
10. BID INCREMENTS: Auctioneer reserves the right to set bid increments. reserves
